Why stocks are soaring even as coronavirus cases surge, at least 20 million remain unemployed and the US sinks into recession
- Written by Jonathan T. Fluharty-Jaidee, Assistant Department Chair and Professor of Finance, West Virginia University
Throwing cash at the problem seems to help – investors at least.elenabs/Getty ImagesThe number of new COVID-19 cases in the U.S. is still climbing rapidly, over 20 million Americans remain unemployed, dozens of major companies have reportedly filed for bankruptcy, the country is officially in a recession and there’s still no vaccine in...

